Germany's leading banks, including Deutsche Bank and Sparkassen-Finanzgruppe, are set to launch regulated crypto services by 2026, marking a significant shift in the EU's financial landscape. With assets exceeding €1.6 trillion and $2.3 trillion respectively, these institutions are responding to the MiCA regulation, which provides essential legal clarity for digital assets. By 2025, it's projected that 30% of Germans will own cryptocurrency, a dramatic increase from under 6% in 2022. Deutsche Bank is developing a compliant crypto custody service, leveraging partnerships with Bitpanda and Taurus for secure asset storage. Meanwhile, Sparkassen plans to enable crypto trading through its app, supported by DekaBank. This initiative aims to facilitate retail access to Bitcoin and Ether for its 50 million customers. As traditional banks adapt to the crypto landscape, the era of unregulated digital assets is fading, paving the way for a more integrated and institutional approach to cryptocurrency in Germany's banking sector. Read more AI-generated news on: https://app.chaingpt.org/news

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